NASDAQ
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US Stock Indices Open Low: Reasons and Implications
According to reports, the three major US stock indices collectively opened low, with the Dow down 0.22%, the Nasdaq down 0.20%, and the S&P 500 index down 0.17%.
Three major US sto -
Understanding the Mixed Outcome of the US Stock Market
According to reports, the three major US stock indices ended mixed, with the Dow down 0.68%, the Nasdaq up 0.47%, the S&P 500 down 0.39%, and most popular technology stocks rising.
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US Stock Indices Close Lower: Dow, Nasdaq, and S&P 500 Lose Ground
According to reports, the three major US stock indices collectively closed lower, with the Dow down 0.42%, the Nasdaq down 0.35%, and the S&P 500 index down 0.21%.
The three major -
Bitcoin Miner Bitdeer Goes Public on NASDAQ: A Look at the Market Response
According to reports, Bitcoin miner Bitdeer went public on NASDAQ today. On the first day of trading, the stock price of the miner with stock code BTDR fell by nearly 30%, and as o
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The Rise of Blockchain Technology: Bank of America Report
On April 14th, Bank of America announced in a report released on Thursday that despite market adjustments and bankruptcy events last year, the crypto ecosystem continues to develop
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BitDeer Technologies Group to Trade on NASDAQ after Merger Approval
On April 12th, it was announced that Bitdeer, a mining company under Wu Jihan, had approved their previously announced merger at the Blue Safari extraordinary shareholders\’ meeting
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US Stock Market: What to Expect from the Major Indices
According to reports, the three major US stock indices ended mixed, with the Dow Jones Index up 0.3%, the S&P 500 Index up 0.1%, and the Nasdaq down 0.03%.
The three major US stock -
The Ups and Downs of the US Stock Market: April 6, 2021
According to reports, the US stock market closed with all three major stock indices closing higher. The Dow Jones Index closed up 2.63 points, or 0.01%, at 33485.35 points on Thurs
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US Stock Market Observes a Bearish Trend as Dow Jones, S&P 500, and Nasdaq All Close in Red
According to reports, the US stock market closed with all three major stock indices closing lower. The Dow Jones Index closed down 198.11 points, or 0.59%, at 33403.04 points on Tu
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#US Stock Markets Close Higher: Dow Up By 1.26%, Nasdaq Up By 1.74%, and S&P 500 Up By 1.43%
According to reports, the three major US stock indexes collectively closed higher, with the Dow up 1.26%, the Nasdaq up 1.74%, the S&P 500 up 1.43%, and large tech stocks generally
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US Stock Indexes End on a High Note
According to reports, the three major US stock indexes collectively ended higher, with the Dow up 0.43%, the Nasdaq up 0.73%, and the S&P 500 index up 0.57%, with most large tech s
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The three major US stock indexes collectively ended lower, with the S&P 500 index down 0.16%
According to reports, the three major US stock indexes collectively ended down, with the Dow down 0.12%, the Nasdaq down 0.45%, and the S&P 500 index down 0.16%. Most of the hot te
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Bitcoin Skyrockets by 72% in Q1 2021, Ethereum Projected to Follow Suit with 50% Growth
On March 29th, data showed that Bitcoin has increased by nearly 72% to $28500 based on market value this year, the largest quarterly increase in two years, bringing its market valu
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Business Merger Between Bitdeer and Blue Safari Approved by SEC
On March 28th, the United States Securities and Exchange Commission (SEC) approved the proposed business merger between Bitdeer and Blue Safari, a special purpose acquisition compa
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Bit Digital Announces Strategic Investment in Market Maker Auros
According to reports, NASDAQ encryption mining company Bit Digital has announced a strategic investment in market maker Auros, and the two sides have not disclosed the transaction
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Nasdaq, EU, Tether, and El Salvador: The Effects of the Cryptocurrency Market from 12:00-21:00
12:00-21:00 Key words: Nasdaq, EU, Tether, El Salvador
Overview of important developments in the evening of March 24th
In the past decade, cryptocurrency has taken the world by sto -
NASDAQ Plans to Launch Cryptocurrency Custody Services: Is This the Beginning of a New Era in Crypto Trading?
According to reports, Nasdaq plans to launch cryptocurrency custody services at the end of the second quarter. Ira Auerbach, senior vice president and head of NASDAQ Digital Assets
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Bitcoin Breaks Free: No Correlation with Traditional Indices
According to reports, Bitcoin Magazine reported that the price trend of Bitcoin this week was decoupled from the Nasdaq, S&P 500, and Dow Jones indices. Bitcoin trend decoupled from the three major US stock indexes this week Analysis based on this information:Bitcoin Magazine, the leading cryptocurrency publication, reported that Bitcoin has decoupled from traditional indices such as the Nasdaq, S&P 500, and Dow Jones. This happened in the week ending August 22, 2021. Bitcoin’s independence from the stock market indices is a new development that suggests a blossoming relationship between cryptocurrencies and the traditional financial system. The Nasdaq, S&P 500, and Dow Jones indices have shown a strong correlation with Bitcoin’s price in the past. When the stock market experiences volatility, Bitcoin has often followed the trend. However, according to the report, the price trend of Bitcoin hadn’t aligned with that of the traditional indices over the course of the week. The decoupling of Bitcoin from the traditional indices suggests…
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Silicon Valley Bank Financial Group Receives Nasdaq Delisting Notice
According to reports, Silicon Valley Bank Financial Group said that it received a notice from Nasdaq on Friday that its shares would be delisted because it no longer meets the requirements for continued listing. The stock was suspended from trading on March 10th and will cease listing on March 28th. It is reported that the company does not intend to appeal against the Nasdaq decision. Silicon Valley Bank Financial Group to be delisted from NASDAQ Analysis based on this information:Silicon Valley Bank Financial Group, a California-based commercial bank, has received a delisting notice from Nasdaq after it failed to meet the requirements for continued listing. The bank’s shares were suspended from trading on March 10th and will be delisted on March 28th. The decision to delist came after the bank was found to be noncompliant with the exchange’s rules regarding minimum net income and stockholders’ equity. This announcement is a significant blow to Silicon Valley Bank, which has been struggling…
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Intchains Group Limited Listed on NASDAQ with High Dependency on Cryptocurrency Market
It is reported that Intchains Group Limited, the substantial holding company of Shanghai Conglian Information Technology Co., Ltd., is listed on the NASDAQ stock exchange in the United States under the symbol “ICG”. It was secretly submitted to the SEC on January 18, 2022. The prospectus shows that the company’s business and financial condition are highly correlated with the market price of cryptocurrency. Almost all of the company’s revenue comes from selling ASIC chips for cryptocurrency mining machines. The company indicated in the prospectus that the current cryptocurrency market price has fluctuated as a whole, or may have an adverse impact on the company’s business, financial condition, and operating performance. Cong Chain Group, which focuses on cryptocurrency mining business, is listed on NASDAQ Analysis based on this information:Intchains Group Limited, a holding company of Shanghai Conglian Information Technology Co., Ltd., has been listed on the NASDAQ stock exchange in the United States under the symbol “ICG”. The filing was done…